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Thermo Pays $3.5B for Phadia

10:51 EDT 19 May 2011 |

Waltham, MA-based Thermo Fisher Scientific (NASDAQ: TMO), a provider of products and services for labs, announced that it has acquired Sweden-based Phadia from the European private equity firm Cinven for about $3.5 billion in cash. The acquisition of Phadia, which provides allergy and autoimmunity diagnostic products, is expected to close fourth quarter 2011 and will [...]

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